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Jiangxi Selon Industrial Co (SZSE:002748) Cyclically Adjusted FCF per Share : ¥-0.07 (As of Mar. 2024)


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What is Jiangxi Selon Industrial Co Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Jiangxi Selon Industrial Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.178. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is ¥-0.07 for the trailing ten years ended in Mar. 2024.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2024-06-22), Jiangxi Selon Industrial Co's current stock price is ¥5.08. Jiangxi Selon Industrial Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.07. Jiangxi Selon Industrial Co's Cyclically Adjusted Price-to-FCF of today is .


Jiangxi Selon Industrial Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Jiangxi Selon Industrial Co's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Jiangxi Selon Industrial Co Cyclically Adjusted FCF per Share Chart

Jiangxi Selon Industrial Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.06 -0.04

Jiangxi Selon Industrial Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.05 -0.05 -0.03 -0.04 -0.07

Competitive Comparison of Jiangxi Selon Industrial Co's Cyclically Adjusted FCF per Share

For the Chemicals subindustry, Jiangxi Selon Industrial Co's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Jiangxi Selon Industrial Co's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jiangxi Selon Industrial Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Jiangxi Selon Industrial Co's Cyclically Adjusted Price-to-FCF falls into.



Jiangxi Selon Industrial Co Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Jiangxi Selon Industrial Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.178/115.2271*115.2271
=-0.178

Current CPI (Mar. 2024) = 115.2271.

Jiangxi Selon Industrial Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.051 98.200 -0.060
201409 0.103 98.900 0.120
201412 -0.009 99.000 -0.010
201503 -0.078 99.900 -0.090
201506 -0.101 99.500 -0.117
201509 0.226 100.500 0.259
201512 -0.090 100.600 -0.103
201603 -0.023 102.200 -0.026
201606 -0.044 101.400 -0.050
201609 0.098 102.400 0.110
201612 -0.050 102.600 -0.056
201703 0.029 103.200 0.032
201706 -0.100 103.100 -0.112
201709 0.036 104.100 0.040
201712 0.046 104.500 0.051
201803 -0.249 105.300 -0.272
201806 -0.138 104.900 -0.152
201809 -0.281 106.600 -0.304
201812 0.124 106.500 0.134
201903 -0.463 107.700 -0.495
201906 0.054 107.700 0.058
201909 -0.189 109.800 -0.198
201912 -0.415 111.200 -0.430
202003 -0.457 112.300 -0.469
202006 -0.264 110.400 -0.276
202009 0.017 111.700 0.018
202012 0.152 111.500 0.157
202103 0.154 112.662 0.158
202106 0.339 111.769 0.349
202109 0.427 112.215 0.438
202112 0.558 113.108 0.568
202203 -0.119 114.335 -0.120
202206 0.099 114.558 0.100
202209 0.036 115.339 0.036
202212 0.022 115.116 0.022
202303 0.049 115.116 0.049
202306 0.030 114.558 0.030
202309 0.118 115.339 0.118
202312 -0.079 114.781 -0.079
202403 -0.178 115.227 -0.178

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Jiangxi Selon Industrial Co  (SZSE:002748) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Jiangxi Selon Industrial Co Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Jiangxi Selon Industrial Co's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Jiangxi Selon Industrial Co (SZSE:002748) Business Description

Traded in Other Exchanges
N/A
Address
Jiedu Town, Jiangxi Province, Leping, CHN, 333314
Jiangxi Selon Industrial Co Ltd is a comprehensive chemical enterprise that engages in producing fine chemical products and specializing in researching, developing, manufacturing and marketing AC foaming agents, thionyl chloride, chlor-alkali, Industrial sodium hydroxide, High purity sodium hydroxide and other chemical products. It's products mainly used in polyvinyl chloride, polyethylene, natural rubber and synthetic rubber.
Executives
Liu Lin Sheng Director
Zhang Hai Qing Executives
Song Xin Min Executives
Feng Han Hua Supervisors

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